by Kolapo Olapoju
The President of Dangote Industries Ltd, Aliko Dangote has been ranked by Forbes Magazine as the 68th most powerful person in the world.
The wealthiest man in Africa, who was listed among the world’s most powerful 72 people, is one of two Africans to appear on this year’s list.
Egyptian President Abdel Fattah el-Sisi is Africa’s most powerful man, coming in at number 51 on the world’s power list.
Russian President, Vladimir Putin is ranked as the most powerful person in the world, followed by President of United States, Barack Obama, Chinese President, Xi Jinping, Pope Francis and Angela Merkel, the German Chancellor.
Forbes Magazine wrote about Dangote: “Heralded by some as the face of the new Nigeria, Africa’s richest man is looking beyond cement, sugar and flour — the three commodities that built his fortune — to the oil business. In April he announced $9 billion in financing from a consortium of local and international lenders to construct a private oil refinery and fertilizer and petrochemical complex in the country.”
Recently, Consumer News and Business Channel (CNBC) ranked Dangote as one of the 25 most influential people in the world in terms of having a profound impact on business and finance.
well his still far from top 20 in the world..